How are resources and employment reallocated across sectors following different kinds of firm exits and what do these mechanisms mean for growth and productivity? What are the real-economy implications of company insolvencies, and what factors influence insolvency outcomes?
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Related UKRI funded projects
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How the design of bankruptcy procedures impacts macroeconomic and employment outcomes in the post-Covid recovery period: lessons from previous crises
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Why might this be relevant?
The project directly addresses the question by investigating how bankruptcy procedures impact macroeconomic outcomes and employment reallocation following firm exits.